By Samuel Nwite
Publication Date: 2026-10-28 17:17:00
Bank of America, Blackstone, Citigroup and Morgan Stanley will provide $63 billion in financing to fund the purchase of artificial intelligence chips and networking equipment from Broadcom for Anthropic, underscoring the growing role of debt markets and alternative asset managers in financing the AI infrastructure boom.
The transaction ranks among the largest financing arrangements linked to the expansion of AI computing capacity and highlights how the industry’s enormous infrastructure requirements are creating new opportunities for lenders while exposing them to the risks associated with rapidly evolving technology and asset valuations.
The financing will be channeled through a newly formed special purpose vehicle that will purchase Broadcom’s AI accelerators and networking…
